Atos Origin Reports Strong 2009 Results

Key points from the results 2009 include:

  • UK operations performed strongly (revenues grew by 7.4% due to the performance of Managed Services)
  • Revenues in Germany declined
  • Revenues in France remained the same
  • Revenues fell in Consulting and Systems Integration sectors
  • Operating Margins improved due to cost cutting
  • Rent and Lease dropped by 15%
  • Travelling Costs declined by 16%
  • External expenses such as Insurance, Marketing & Communications reduced by 17%
  • Number of employees down to 49,036, down 1,900 on 2008
  • Subcontractors reduced from 3,900 to 2,400

Atos Origin Chief Executive, Thierry Breton, said that \”Despite a declining economy in 2009, the Group achieved its objectives. The operating margin increased by more than 80 basis points and the cash-flow generation improved to reduce the net debt by €165m.\”

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